News Formal

LVMH confirms deal to buy Tiffany for $16.2 billion in its largest acquisition ever

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The acquisition will give LVMH greater exposure in the US market.

LVMH, the world's largest luxury conglomerate, announced Monday that it has finalized a deal to acquire US jewelry retailer, Tiffany & Co, for $16.2 billion. This is LVMH's most expensive acquisition ever. The company owns brands such as Christian Dior, Louis Vuitton, and Hennessy. Visit Business Insider's homepage for more stories. LVMH confirmed Monday that it will acquire US jewelry chain Tiffany & Co for about $16.2 billion.

LVMH, the world's largest luxury conglomerate, announced Monday that it has finalized a deal to acquire US jewelry retailer, Tiffany & Co, for $16.2 billion. This is LVMH's most expensive acquisition ever. The company owns brands such as Christian Dior, Louis Vuitton, and Hennessy. Visit Business Insider's homepage for more stories. LVMH confirmed Monday that it will acquire US jewelry chain Tiffany & Co for about $16.2 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LVMH reportedly nears deal to acquire Tiffany for $16.3 billion - Business InsiderSources familiar with the matter told Reuters that a deal between LVMH and Tiffany could be announced on Sunday or Monday. shit
Source: BusinessInsider - 🏆 729. / 51 Read more »